Canada Invests In Four Alberta Municipalities

The government of Canada is investing $25.6 million in four Alberta municipalities to implement home energy retrofit financing programs. The investment, which is delivered through the Community Efficiency Financing (CEF) initiative, will be divided among Calgary, St. Albert, Lethbridge, and Canmore. The grants and loans from Green Municipal Fund (GMF) will allow each municipality to establish a program and begin lending to homeowners. Homeowners can repay the cost of their home energy projects over time through a CEIP charge added to their property tax bills. By leveraging these existing models, CEF helps communities by providing capital to homeowners to make their homes more energy-efficient, while creating local jobs and keeping the economy moving.